Only AS1M is available for purchase by non-bumi at the moment.

ASW and ASM already fully subscribed.

AS1M is the only choice now for non bumi.
Nobody knows the expected rate of return but should give higher rates compare to bank fixed deposit.

Depending how much you trust the government is probably the risk.

Excluding the collapse of PNB and probably the government;

In terms of financial risks of complete loss, zero.

In terms of financial risks of no returns, negligeble but not zero.

In terms of risk of less return compared to other safe investments, moderate risk.
Basically falls between FD and other unti trusts. You get the apparent safety of FD but not the potential profits of unit trusts.

All in my opinion anyway, everyone here has one of their own.

Every bank has different T&C actually. Certain banks will pay you the interest upfront and some allow you to make partial withdrawals.

You can still take out your money anytime but there will be a penalty on your interest earned.
Unit trust is more of a long term investment so you can get the maximum potential profit. Not the kind of thing for me though.

if u invest in AS1M, u can also withdrawl the money as and when u need it, the dividen is based on the lowest balance of the month, but only pay out once a year on its financial year end, as long as your account remain active, u will get your share of dividen.

UT is long term investment, but it doesn't mean long term must generate your profit, it's return rate is total unknown which generally depended how equities market performing.

It can still generate you negative return rate aka loss money for you even after long term.

CrossFirE,

<<the higher the risk the higher the POTENTIAL return rate>>

There is NO GUARANTEE that your higher risk translate into return either.

Dreamer

Ken,

Not true either.

In financial term, loaning money to government is risk free.  You still get return.  Ditto for FD.  Still it is guaranteed.

Dreamer

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Added on September 23, 2009, 7:07 pm
CrossFirE,

<<if you can tolerate higher risk then you get higher return lor right?>>

NO!!!

Let me REPEAT ONE MORE TIME and try to get through your THICK HEAD.

There is NO GUARANTEE that you will get HIGHER RETURN if you take HIGHER RISK.

In fact, for most NORMAL people the HIGHEST RISK is STUPIDITY.  People invest on stuff that they do not understand.

In MOST CASES, stupid people take on HIGHER RISK and get LOWER RETURN.  Vice versa, SMART PEOPLE take on LOWER RISK and get HIGHER RETURN.

The KEY FACTOR is YOU.

Do you KNOW what are the 4 things that you MUST know before you invest on ANYTHING?

Dreamer